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Search Results 0 to 20 of about 21 (some duplicates have been removed)
as this week. >> pope benedict xvi giving his last sunday blessing to a massive crowd in st. peter's square. thanking the faithful before he resigns on thursday. and italians are heading to the polls today in a crucial parliamentary election that could shape their future. italy is one of europe's biggest economies. >> kelly: office depot's acquisition of office max among mergers that have been announced recently. wall street appear to have approved but the mergers must get by the justice department. lately they have made a habit of blocking similar deals. what is going on here? joining us is brenda buttner, anchor of "bulls and bears", and always good to see you. why are we seeing so many of these messager deals taking shape? >> money. there is so much corporate cash on the sidelines that has not been invested. essentially what is happening, i think outside the financial sector, it's estimated there is $1.7 trillion on the sidelines in corporate cash reserves. they need to do something with that money. they are feel more confident. they are going to go on a shopping spree and essentially bu
an outpouring of love and admiration for the retiring pontiff. pope benedict xvi, sunday's final blessing as leader of 1.2 billion catholics, and worshippers packing st. peter's square as they prepare for the transition. in the next minute, the pontiff's word to the world. and a bombshell admission from the family of blade runner oscar pistorius, he's up on murder charges and now a family member facing charges for the death of a different woman. fox reports, the new developments on the legal firestorm surrounding the olympic star. and this bartender fired for trying to do what she says was the right thing. >> and simply had a very drunk person leaving the bar, he's going to kill someone. but she lost her job anyway. why? >> i'm harris falkner, first tonight on the fox report, the great american race. the daytona 500 is in the record books. the day began with a series of firsts for nascar racing and ended with a familiar name-- >> for the second time the daytona 500 goes to jimmie johnson, five-time champion. >> harris: jimmie johnson and danica patrick was third entering the final lap, bu
.s. is determined not to leave syrian rebels "dangling in the wind." >>> when pope benedict steps down thursday he'll take on a new title, benedict will be caused emeritus pope and will continue to wear white. 115 cardinals are expected to vote for his successor, but britain's highest ranking catholic leader will not be taking part. in one of his final acts the pope changed the rules of their meeting, allen pizzey is in vatican city. allen, good morning. >> reporter: good morning, charlie. how soon will the conclave begin? by both law and tradition the cardinals can't talk openly about it until one day after ben fikt officially leaves office. the cardinals want to get on with the job of choosing a new pope as soon as possible. major issue plaguing them will be the sex abuse scandals but they must be dealt with in the view of u.s. cardinal james staff ford stafford who is too old to vote in the conclave. >> if it means to be despised which in many ways it does mean when they accept that. >> reporter: you also have to overcome that to get people back into the church rebuild i
looming over the final days of pope benedict's eight-year long reign. one of britain's top roman catholics says the highest ranking catholic in the united kingdom, kooechleith o'brien voluntarily stepped down after he was accused of "inappropriate acts" by priests. he was not forced out. pope benedict will keep the title, his holiness when he retired and also called pontiff emeritus. i imagine nobody has ever really needed that title before. >> you are absolutely right. here i am near vatican swrar where they are handing out 50,000 tickets, putting up the risers and loud speakers. many catholics are expected to come here. you are absolutely right. this is an unprecedented situation. never in recent memory a pope emeritus. all of the details will need to be worked out. he will wear a simple white cossick after he steps down. in the meantime, the vatican has been in damage control mode. it wants to get past the scandals which have colored the beginning of this week. we know also you mentioned cardinal o'brien, he will not be coming, it is unprecedented that a cardinal will not come here to t
to the headlines coming in right now on the pope. we just learned that benedict will be called emeritus pope and will wear white after he steps down next week. his retirement this week is being clouded by scandal, as there are more calls to stop an american cardinal from participating in the election of the next pope. abc's david wright is in rome right now with the very latest. good morning, david. >> reporter: good morning, elizabeth. there's never before been a precedent for a cardinal stepping aside because of a scandal. now there is. that make it uncomfortable for other cardinals tainted by scandals. among them, roger mahoney, who, for years, covered up for pedophile priests. for 24 hours, britain's cardinal keith o'brien has holed up in this home in scotland. >> the holy father accepted the resignation of cardinal o'brien. >> reporter: on sunday, a british newspaper reported he sexually harassed four seminarians in the 1980s. while o'brien insists the presence were false, his presence at the conclave would be a distraction. there's another scandal, one that is demonstrably true, that a
to rome to see pope benedict xvi. he gave his final blessing on a sunday to a massive crowd at the vatican. he will make his final public pier rance wednesday and official stlips down thursday. the cardinals will decide when to begin the conclave. archbishop washington will help choose the new hope but he doubts it will be an american. >> i don't think it will be who is supposed to be reminding them the responsibility to build peace. >> they hope to have the new hope in place by holy week. >> jimmy johnson does it again at daytona. >> the daytona 500 goes to jimmy johnson five time champion from california. >> congrats to him. johnson starting the season with his second win at daytona. he is the 10th driver to do that. the first women winning the poll for daytona that is the highest finish ever for a woman. that's your 5 at 5:00. >> heather is the new car racing expert around here. >> the area hit by a blizzard while many are recovering a record breaking snowstorm. they are expected to drop another foot of snow on areas stretching from texas to kansas. big concern the road conditions. mari
benedict xvi steps down. two italian papers say the reason he's leaving has nothing to do with his health and much more so to do with his explosive 300 page report. among the allegations here, secrets about a network of gay priests blackmailed by a group of male prostitutes. but, the vatican says the contents of this report will, as they say, remain for the pope's eyes only. >> the holy father has decided that the acts of this investigation known only to himself remain solely at the disposition of the new pope. >> and as you can imagine, the fallout is going global. today, one of the uk's highest ranking catholic leaders resigned as he's dogged by accusations of sexual abuse. i want to go straight to christiane amanpour, live tonight in rome. tell me what exactly is cardinal keith o'brien accused of and what does his resignation thus mean for the vote for the next pope? >> reporter: well, look, brooke, here we are standing in front of st. peter's, right there, the heart of the vatican. as you say, they are in damage control and they really did not expect that the last few days of the pope
earlier today says, once retired the benedict will be known as emeritus pope. he will continue to wear the white and trade-in his famous red shoes. the prada red shoes, for a pair of handcrafted brown loafers out of mexico. why is that important, i wonder. martha: i have no idea. bill: benedict officially retires on 2/28. which is thursday. the first pope to do so in 600 years. martha: italian loafers on one foot and mexican --. going green has some folks in falmouth, massachusetts, is seeing red today. the wind turbines they say not only decreased home values and disrupted people's sleep and making people sick. the community is taking them down after the hubbub it took to put them up. a whole lot of problems for the folks in cape cod. molly line is live from falmouth. good morning, molly. >> reporter: good morning, molly. two turbines that were erected above the falmouth community here in cape cod were intended to create green energy and energy savings. they have created division here in the community. they may be removed at a high cost. that is because neighbors are complaining about
on the way to see pope benedict the 16th. sunday he gave his final blessing to a massive crowd. he'll make a final appearance wednesday and officially step down thursday. then the cardinal will decide when to pick the next pope. >> i don't think it will be seen as a very good thing if the pope who is supposed to be reminding them of their responsibilities to build peace. >>gretchen: the vatican plans to have the new pope in place by holy week. hamid karzai kicking troops out of a crucial region. he ordered special forces to leave the province outside kabul in two weeks over abuse claims. afghan security officials claim afghan troops are harassing, torturing and killing innocent people in villages. karzai demands the u.s. hands over individuals involved. the u.s. is investigating the claims. >> jimmy johnson does it again at daytona. >> the daytona 500 goes to jimmy johnson, five-time champion. >>gretchen: johnson starting the season with his second win at daytona, the tenth driver to do that. danica patrick, the first woman to win, finished eighth. saturday's crash still on everyone's mind
sooner than expected. pope benedict xvi is considering a rule change to allow for a vote on his replacement before march 15th. that's the date set by church law which says cardinals should vote on a successor after a vacancy occurs. benedict's last day will be february 28. >>> with fighting in syria showing no signs of easing, the u.s. is providing another $19 million in humanitarian assistance. the money will help provide emergency medical care. the u.n. says nearly 70,000 people have been killed since the assad government fwan a crackdown on the opposition two years ago. >>> more on the story that has the whole world talking, blade runner oscar pistorius spending another night in prison. he is charged with the valentine's day murder of his girlfriend reeva steenkamp. he says it was an accident, that she was an intruder. police investigator says he doesn't believe miss miss waspit acting in self-defense but there is no evidence that is inconsistent with pistorius' story. speaking outside the courthouse pistorius' uncle had this to say about his nephew. >> he's not a violent per
and dictator park chung hee. >> pope benedict 16 says that he will be taking up a life of prayer. the remarks came as he spoke to about of who gathered at st. peter's square with a weekend. earlier this month, he announced his resignation which is to take place thursday. rooms around the reason for the resignation include the cover-up of the gay conclave. the vatican has denied these rumors. >> it will feel real good this weekend at all week long leading up to the weekend it will feel fantastic with temperatures in the mid-60s and steadily warming as we head for the coming weekend. something to look forward to. we will be right back. =dj >> we are back. it was hollywood's biggest night of the year. nisjelle turner's shows us who won big a kick at rewards common shares of a the other high point of the night. >> michelle obama presented the oscar to the film of the year. >> and the oscar goes to our argo . >> life o fpi one the most oscars including best director. >> life of pi. >> he paid one of the greatest presidents in history and daniel day-lewis made history of is on becoming the first m
story tonight-- a new controversy is rocking the vatican in benedict the 16th's final days as pope. a report. first published in the rome daily details an investigation by three cardinals into a network of gay priests that were blackmailed by a group of male prostitutes. it also contains information on financial wrongdoing within the vatican. the vatican responded by saying the story is an attempt to use public opinion to influence the cardinal's decision in the upcoming new pope election. >> a class action civil trial stemming from the b-p oil disaster gets underway today court. the 20-10 oil rig explosion killed 11 people. and millions of gallons of oil polluted the gulf of mexico. the trial has been divided into two phases. phase one will focus on the actions that led up to the explosion. phase two will determine the financial penalties bp and others will face for violating the clean water act. and the natural resource damage assessment. almost 60 lawyers in all will fill the courtroom. >> the white house turning up the heat on congress today with a state by state breakdown of w
$4.16. in san jose $4.17. >> pope benedict the 16th has changed the rules of the conclave that will lead his successor, allowing part of to move up the start date if all of them arrive in russia for the usual 15 a transition between pontificates. benedick signed a legal document, issued this morning, with some line by line changes in the 1996 vatican law governing the election of a new pope. it is one of the last act as pope before resigning thursday. the date of the conclave started support because holy week begins march 24th, with easter sunday march 31st. in order to have a new pope in place, he would need to be installed by sunday, march 70. a tight timeframe if a conclave for to start march 15th. >> president obama says a little compromises all congress needs to turn off automatic, across-the-board budget cuts set to kick in less than a week from now. while, obamas says the so- called sequester will slow the economy and hurt the middle class, many republicans are calling the issue and problem and leadership. >> i will not put all the blame on the president of the nine
benedict the 16th will keep the title as his holiness and will be called pontiffs emeritus . benedictus surprise the world when he announced earlier this month that he would retire effective on thursday. the catholic church is cardinal will meet at the vatican to collect a successor. they're trying to hold a conclave before march 15th, with the hope that a new pope can be chosen before march 17th. it or to have a pope in place for the holy week leading up to easter march 31st. >> watching gas prices this morning as they continue to rise, ever so slightly all across the nation. the national average is $3.78 a gallon. the state of california average is $4.23 a gallon. in san francisco $4.25. in oakland $4.17. in san jose $4.18 said. >> it is 736 cenow we will be back with more in a couple of minutes. a lot of sunshine at the golden gate bridge. it will get more beautiful. get out and enjoy that by all means if you can. we will be right back. get whatever you want, baby. hmm. let's just share a 20 piece. [ internal ] 20 mcnuggets, for only $4.99? oh, man. she's beautiful smart and sensible
Search Results 0 to 20 of about 21 (some duplicates have been removed)